507 Hearthstone DrJoplinMO64801
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Joplin at 507 Hearthstone Dr, Joplin, MO, 64801 offers $2,300/mo rent that, after a $1,854/mo payment. Total monthly income is $2,300/mo. Return on cash invested measures 19.34% in year one, and rental yield stands at 7.29% at a $378,800 entry. Equity gained on principal adds $2,444/yr while 5% annual appreciation compounds into $104,655 by year five. Five-year ROI records 99.86% and total cumulative return in cash reaches $125,396. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,300/mo property income versus a $1,854/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64801, Joplin, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,109 (100%) |
| Owner Occupied HU | 8,513 (49.8%) |
| Renter Occupied HU | 6,875 (40.2%) |
| Vacant Housing Units | 1,721 (10.1%) |
| Median Home Value | $200,081 |
| Average Home Value | $236,329 |
Housing Distribution
Address Breakdown
Residential
15,579
Single Family
14,670
Multi-Family
909
Businesses
1,693
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